Peru (PER) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Peru-Australia Trade: In 2023, Peru exported $97.4M to Australia. The main products that Peru exported to Australia were Coffee ($12.4M), Fish Oil ($12.3M), and Animal Meal and Pellets ($10.5M). Over the past 5 years the exports of Peru to Australia have decreased at an annualized rate of 16.8%, from $244M in 2018 to $97.4M in 2023.

In 2023, Peru did not export any services to Australia.

Australia-Peru Trade: In 2023, Australia exported $190M to Peru. The main products that Australia exported to Peru were Cyanides ($43.1M), Barley ($41.7M), and Malt ($21.7M). Over the past 5 years the exports of Australia to Peru have increased at an annualized rate of 3.85%, from $116M in 2018 to $190M in 2023.

In 2009, Australia exported services to Peru worth $68.9M, with Travel ($51.5M), Other business services ($15.8M), and Government services, n.i.e. ($1.58M) being the largest in terms of value.

Comparison: In 2023, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Peru exported $97.4M to Australia. The main products exported from Peru to Australia were Coffee ($12.4M), Fish Oil ($12.3M), and Animal Meal and Pellets ($10.5M). During the last 5 years the exports of Peru to Australia have decreased at an annualized rate of 16.8%, from $244M in 2018 to $97.4M in 2023.

In 2018, Australia exported $190M to Peru. The main products exported from Australia to Peru were Cyanides ($43.1M), Barley ($41.7M), and Malt ($21.7M). During the last 5 years the exports of Australia to Peru have increased at an annualized rate of 3.85%, from $116M in 2023 to $190M in 2018.

Exports from Peru () to Australia () (2023)

Exports from Australia () to Peru () (2023)

Latest Data

Trade between Peru () and Australia ()

Peru Exports

Date

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$22.5B

Australia
Top DestinationChina$137B

This map shows whether countries import more from Peru or Australia. Each country is colored based on the difference in imports they receive from Peru and Australia or the difference in the growth in imports.

In 2023, countries that imported more from Peru than Australia included Chile ($1.92B), Ecuador ($1.12B), and Spain ($1.94B).

In 2023, countries that imported more from Australia than Peru included China ($137B), Japan ($59B), and South Korea ($20.9B).

Difference in imports from Australia () and Peru () (2023)

Comparative Advantage Peru - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Peru and Australia by product, considering products traded by both, Peru and Australia.

During 2023, Peru had a large net trade with Australia in the exports of Foodstuffs ($27.2M), Vegetable Products ($27.1M), and Animal and Vegetable Bi-Products ($12.4M).

During 2018, Australia had a large net trade with Peru in the exports of Vegetable Products ($63.8M), Chemical Products ($59.2M), and Machines ($31.6M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Australia+$6.88MCoffee

Top Product Potential Australia Peru+$1.45MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Peru and Australia. This means that a dot/product with the flag of Peru indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Peru.

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Australia () (2023)

Exports from Australia () to Peru () (2023)

Latest Data

Trade between Peru () and Australia ()

Peru Exports

Australia Exports

Market Competitiveness

Difference in imports from Australia () and Peru () (2023)

Comparative Advantage Peru - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Peru () and Australia () (2023)

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